KUALA LUMPUR, Nov 3 — Malayan Banking Bhd (Maybank) will revise upwards its standardised base rate (SBR), base rate (BR) and base lending rate (BLR) by 25 basis points (bps) effective November 7, 2022, following the Overnight Policy Rate (OPR) hike announced today.

KUALA LUMPUR, Nov 3 — Bank Negara Malaysia (BNM) has raised the overnight policy rate (OPR) by 25 basis points (bps) to 2.75 per cent, the fourth consecutive hike since May this year as the central bank’s monetary policy committee (MPC) decided to further adjust the degree of monetary accommodation.

KUALA SELANGOR, Nov 3 — The ringgit exchange rate depended on the country’s economic fundamentals and is also influenced by interest rates in the United States (US), Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said.

SINGAPORE, Nov 3 — Singapore's Ministry of Finance (MOF) and the Monetary Authority of Singapore (MAS) on Wednesday (November 2) jointly launched a digital process for businesses and individuals to provide a banker's guarantee or insurance bond to government agencies within a day, reported Xinhua.

HONG KONG, Nov 3 — The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 75 basis points to 4.25 per cent, hours after the US Federal Reserve delivered a rate hike of the same margin.

NEW YORK, Nov 3 — The US dollar weakened in late trading on Wednesday as market participants digested the Federal Reserve's latest announcement on rates, reported Xinhua.

KUALA LUMPUR, Nov 3 — Capital A Bhd shares fell in early trade today following its announcement of the disposal of its remaining 16.33 per cent stake in AirAsia India (AAI) for gross proceeds of RM89.23 million.

KUALA LUMPUR, Nov 3 (Bernama) -- The ringgit opened lower against the US dollar for the sixth consecutive day today as traders remained cautious ahead of Bank Negara Malaysia’s (BNM) decision on the overnight policy rate (OPR), a dealer said.

KUALA LUMPUR, Nov 2 — Standard Chartered expects Bank Negara Malaysia (BNM) to raise the overnight policy rate (OPR) by 25 basis points (bps) to 2.75 per cent, the fourth consecutive 25bps hike since May this year.

KUALA LUMPUR, Nov 2 — The ringgit opened lower against the US dollar for the fifth consecutive day today as investors paid close attention to the US Federal Reserve (Fed) decision later today, dealers said.

By Emyr Malik SHAH ALAM, Nov 2 — The Malaysian economy fared better under the Pakatan Harapan (PH) administration compared to when it was led by the Perikatan Nasional (PN) and Barisan Nasional (BN) governments, despite the fact that PH helmed the country for only 22 months. This is evident...

KUALA LUMPUR, Nov 1 — The ringgit extended yesterday’s losses to close lower against the US dollar on Tuesday on better demand for the greenback and on the concern of an impending interest rate hike by the US Federal Reserve (Fed), dealers said At 6pm, the ringgit depreciated to 4.7345/7375...

KOTA BHARU, Nov 1 — The government has agreed to increase the subsidy for Grade A, B, and C eggs by two sen from today, said the Special Task Force on Jihad Against Inflation chairman Tan Sri Annuar Musa.

KUALA LUMPUR, Nov 1 — Bank Negara Malaysia (BNM) will tighten its policy rate by a quarter point for the fourth time in a row on Thursday (November 3) as upside risks to inflation persist and to support the weakening currency, a Reuters poll showed.

KUALA LUMPUR, Nov 1 — The ringgit extended its downtrend to open lower against the greenback today as investors remained cautious ahead of the US Federal Reserve’s (Fed) decision on interest rates and on a decline in oil prices.

KUALA LUMPUR, Oct 31 — MIDF Research has maintained its forecast for Malaysia's gross domestic product (GDP) growth at 6.6 per cent despite concerns over external developments.

KUALA LUMPUR, Oct 31 — The ringgit ended the last day of October easier against the US dollar as investors remained cautious ahead of the key central banks’ monetary policy statements this week, an analyst said.

KUALA LUMPUR, Oct 31 — The banking system continued to maintain healthy liquidity positions, recording a strong liquidity coverage ratio of 152.5 per cent in September, a position which remained supportive of intermediation activities, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, Oct 31 — The ringgit opened marginally lower for the third consecutive trading day against the US dollar today, ahead of the US Federal Reserve’s (Fed) decision on interest rates this week, said a dealer.

KUALA LUMPUR, Oct 29 — Interest-rate jitters are set to induce fresh anxiety in the local equities market and weigh on risk sentiment next week as investors await the outcome of the Federal Open Market Committee and Bank Negara Malaysia's (BNM) November meetings.